103/48 Wellington Parade, East Melbourne, Vic 3002

A fantastic option to kick-start or add to your portfolio, this apartment within the renowned Quest East Melbourne is ideal for investors looking for a securely leased property with guaranteed returns, all within strolling distance to Melbourne's impressive array of inner-city attractions.

This spacious level one serviced apartment on Wellington Parade receives an impressive annual rental of approx. $25,675.61 per annum until August 2017, with four (3) further terms of five (5) years each. In addition, there are fixed 4% annual rental increases every 12 months.

Stylishly fitted out and fully furnished, it comes complete with built-in robes, reverse cycle heating/cooling and flat-screen TV. Guests can also make full use of the guest laundry facilities and roof top terrace, a welcome respite after a day out on the town.

Walking distance to the hallowed turf of the MCG, the unbeatable position allows easy access not only to the football and cricket, but also to the Australian Open tennis, leafy East Melbourne Gardens, chic Euro-style cafes in the CBD Paris-end, world-class theatres and shopping, Richmond bars and restaurants, plus various modes of public transport.

Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations